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35) 3 points. A surge of conglomerate mergers in the 1970s fizzled out as the resulting firms posted poor performances. Recently, GE, Toshiba, and Johnson

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35) 3 points. A surge of conglomerate mergers in the 1970s fizzled out as the resulting firms posted poor performances. Recently, GE, Toshiba, and Johnson & Johnson have anounced plans to split up their businesses into separate companies. Warren Buffet's Berkshire Hathaway owns such dissimilar firms as Burlington Northern Railroad, GEICO Insurance, See's Candies. Clayton Homes, Dairy Queen, Lubrizol and Fruit of the Loom. The diversity of this congolomerate is as great as was seen in the 70's boom. Yet, Berkshire Hathaway consistently posts returns above other firms. How has Buffett accomplished that while the others mostly failed? 35) 3 points. A surge of conglomerate mergers in the 1970s fizzled out as the resulting firms posted poor performances. Recently, GE, Toshiba, and Johnson & Johnson have anounced plans to split up their businesses into separate companies. Warren Buffet's Berkshire Hathaway owns such dissimilar firms as Burlington Northern Railroad, GEICO Insurance, See's Candies, Clayton Homes, Dairy Queen, Lubrizol and Fruit of the Loom. The diversity of this congolomerate is as great as was seen in the 70's boom. Yet, Berkshire Hathaway consistently posts returns above other firms. How has Buffett accomplished that while the others mostly failed? 35) 3 points. A surge of conglomerate mergers in the 1970s fizzled out as the resulting firms posted poor performances. Recently, GE, Toshiba, and Johnson & Johnson have anounced plans to split up their businesses into separate companies. Warren Buffet's Berkshire Hathaway owns such dissimilar firms as Burlington Northern Railroad, GEICO Insurance, See's Candies. Clayton Homes, Dairy Queen, Lubrizol and Fruit of the Loom. The diversity of this congolomerate is as great as was seen in the 70's boom. Yet, Berkshire Hathaway consistently posts returns above other firms. How has Buffett accomplished that while the others mostly failed? 35) 3 points. A surge of conglomerate mergers in the 1970s fizzled out as the resulting firms posted poor performances. Recently, GE, Toshiba, and Johnson & Johnson have anounced plans to split up their businesses into separate companies. Warren Buffet's Berkshire Hathaway owns such dissimilar firms as Burlington Northern Railroad, GEICO Insurance, See's Candies, Clayton Homes, Dairy Queen, Lubrizol and Fruit of the Loom. The diversity of this congolomerate is as great as was seen in the 70's boom. Yet, Berkshire Hathaway consistently posts returns above other firms. How has Buffett accomplished that while the others mostly failed

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